Zakah on shares: Theory and reality in Malaysia / Muhammad Ikhlas Rosele and Luqman Haji Abdullah

Zakah (Islamic almsgiving) on shares are generally mentioned indirectly in classical fiqh books. This is due to the fact that the practice of shares is relatively new in classical Islamic jurisprudence literature. However, the basis of the debate on shares can be traced to its establishment and deve...

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Main Authors: Rosele, Muhammad Ikhlas, Haji Abdullah, Luqman
Format: Article
Language:English
Published: Universiti Teknologi MARA Selangor 2018
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/32255/
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author Rosele, Muhammad Ikhlas
Haji Abdullah, Luqman
author_facet Rosele, Muhammad Ikhlas
Haji Abdullah, Luqman
author_sort Rosele, Muhammad Ikhlas
building UiTM Institutional Repository
collection Online Access
description Zakah (Islamic almsgiving) on shares are generally mentioned indirectly in classical fiqh books. This is due to the fact that the practice of shares is relatively new in classical Islamic jurisprudence literature. However, the basis of the debate on shares can be traced to its establishment and development in the classical fiqh discourse. Muslim individual and Muslim-operated companies have been involved in investment and share-trading, thus creating the debate of zakah on shares in Malaysia. Therefore, the objective of this study is to highlight the discussion of zakah on shares based on the reality in Malaysia. The focus of the debate will touch the aspects of legal shares, fiqh of zakah and its method of calculation.
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spelling uitm-322552020-07-15T03:38:41Z https://ir.uitm.edu.my/id/eprint/32255/ Zakah on shares: Theory and reality in Malaysia / Muhammad Ikhlas Rosele and Luqman Haji Abdullah jeeir Rosele, Muhammad Ikhlas Haji Abdullah, Luqman Islam Alms (Zakat) Malaysia Zakah (Islamic almsgiving) on shares are generally mentioned indirectly in classical fiqh books. This is due to the fact that the practice of shares is relatively new in classical Islamic jurisprudence literature. However, the basis of the debate on shares can be traced to its establishment and development in the classical fiqh discourse. Muslim individual and Muslim-operated companies have been involved in investment and share-trading, thus creating the debate of zakah on shares in Malaysia. Therefore, the objective of this study is to highlight the discussion of zakah on shares based on the reality in Malaysia. The focus of the debate will touch the aspects of legal shares, fiqh of zakah and its method of calculation. Universiti Teknologi MARA Selangor 2018-05 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/32255/1/AJ_MUHAMMAD%20IKHLAS%20ROSELE%20JEEIR%20B%2018.pdf Rosele, Muhammad Ikhlas and Haji Abdullah, Luqman (2018) Zakah on shares: Theory and reality in Malaysia / Muhammad Ikhlas Rosele and Luqman Haji Abdullah. (2018) Journal of Emerging Economies and Islamic Research (JEEIR) <https://ir.uitm.edu.my/view/publication/Journal_of_Emerging_Economies_and_Islamic_Research_=28JEEIR=29.html>, 6 (2). pp. 1-10. ISSN 2289-2559 https://journal.uitm.edu.my/ojs/index.php/JEEIR/
spellingShingle Islam
Alms (Zakat)
Malaysia
Rosele, Muhammad Ikhlas
Haji Abdullah, Luqman
Zakah on shares: Theory and reality in Malaysia / Muhammad Ikhlas Rosele and Luqman Haji Abdullah
title Zakah on shares: Theory and reality in Malaysia / Muhammad Ikhlas Rosele and Luqman Haji Abdullah
title_full Zakah on shares: Theory and reality in Malaysia / Muhammad Ikhlas Rosele and Luqman Haji Abdullah
title_fullStr Zakah on shares: Theory and reality in Malaysia / Muhammad Ikhlas Rosele and Luqman Haji Abdullah
title_full_unstemmed Zakah on shares: Theory and reality in Malaysia / Muhammad Ikhlas Rosele and Luqman Haji Abdullah
title_short Zakah on shares: Theory and reality in Malaysia / Muhammad Ikhlas Rosele and Luqman Haji Abdullah
title_sort zakah on shares: theory and reality in malaysia / muhammad ikhlas rosele and luqman haji abdullah
topic Islam
Alms (Zakat)
Malaysia
url https://ir.uitm.edu.my/id/eprint/32255/
https://ir.uitm.edu.my/id/eprint/32255/